European VC firms Amadeus and Apex partner for 80m earlystage deep tech fund

News Summary

  • Image Credits: Amadeus Apex Technology FundThe goal of the Amadeus Apex Technology Fund is to invest between €1-1.5 million in seed and Series A-stage startups with “unique and defendable technology,” and will include AI, quantum computing, mobility and outer space, robotics and other areas of the deep tech sphere.
  • The duo have raised an initial €28 million ($30 million) for the Amadeus Apex Technology Fund, with plans to close it out at €80 million ($85 million).
  • U.K.-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups.
  • “We’ve focused on this region because we recognize it as a perfect breeding ground for early-stage deep tech innovation, with top universities and a large developer pool.
U.K.based Amadeus Capital Partners and Austrias Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at earlystage deep tech startups.T [+3122 chars]